…This may be one instance where travel insurance will not help you. As regular readers know, we often urge travel insurance if the amount you’ve invested is more than the amount you can afford to lose. But this time, even insurance might not help you, said Sarah Byrne, marketing manager for Squaremouth, a travel insurance comparison site based inSt. Petersburg, Fla. Insurance might reimburse you for a mechanical breakdown, she said, but this sinking isn’t that, and although a couple of insurers have said they would cover this loss, most will not, she said.